The Nunchi nLP Vault lets anyone deposit stablecoin liquidity for use as the de facto source of liquidity to market make on Nunchi HIP-3 Exchange. Prior to Nunchi’s launch, funds are deployed into Hyperliquid native yield venues to generate the best risk-adjusted return. Depositors mint nLP shares and participate pro‑rata in vault performance. The vault is designed to power and bootstrap liquidity for Nunchi’s Markets (nCLOB and HIP‑3).
What is Nunchi?
A HIP-3 perpetuals exchange for yield.